Govt has no solid plan to fix economy: FRIA By: News Desk on September 9, 2024The Ferozepur Road Industrial Association (FRIA) senior vice chairman Shahbaz Aslam has said that economic and fiscal discipline of the country will be driven under the direction of IMF now, leaving little room for the government to make its way, which has not come up with any plan to fix the economy and provide relief […]
RCCI calls for 4% interest rate cut By: DNA on September 9, 2024The Rawalpindi Chamber of Commerce and Industry (RCCI) has urged the Government of Pakistan to lower interest rates by four percent. Saqib Rafiq, President RCCI in a statement said that the year-over-year (YOY) inflation in August 2024 was 9.6 percent as opposed to 27.4 percent in August 2023. Also, the rating agency, Moody’s has recently […]
PIA to buy 32,000kg sugar for in-flight tea service By: inp on September 9, 2024Pakistan International Airlines (PIA) has announced plans to purchase 32,000 kilograms of sugar to enhance its in-flight tea service for passengers traveling both domestically and internationally. The sugar will be used to prepare tea for passengers on PIA flights. To facilitate this, the airline has issued a tender requiring that the sugar be 100% pure […]
OMAP calls for PMs Intervention to Address industry’s challenges on September 8, 2024 Oil Marketing Association of Pakistan (OMAP) has called for Prime Minister Muhammad Shehbaz Sharif intervention to address challenged faced by the petroleum industry Industry regarding sales tax and other matters. He added, “I urgently request your intervention to address these challenges. The delay in resolving these problems is having a severe impact on the […]
Pope tells Papua New Guinea leaders natural resources must benefit all By: AFP on September 8, 2024Pope Francis told Papua New Guinea’s leaders Saturday that vast natural resources must benefit the “entire community”, a politically charged call in a nation where many believe riches are being squandered or stolen. Papua New Guinea has vast reserves of gold, copper, nickel, natural gas and timber that have drawn a string of multinational companies […]
Boeing’s beleaguered Starliner back home empty By: AFP on September 8, 2024Boeing’s beleaguered Starliner made its long-awaited return to Earth on Saturday without the astronauts who rode it up to the International Space Station, after NASA deemed it too risky to bring them back aboard the spacecraft. After years of delays, Starliner launched in June for what was meant to be a roughly weeklong test mission […]
‘Policy Board’ constituted under Ahsan Iqbal to ensure economic stability By: Agencies on September 8, 2024The Ministry of Planning, Development & Special Initiatives and the Planning Commission of Pakistan have constituted a high-level ‘Policy Board’, under the visionary leadership of Professor Ahsan Iqbal to ensure economic stability in the country. “This initiative aims to enhance transparency and improve the economic planning process of the country with the active participation of […]
Winners of new currency notes art competition announced By: inp on September 8, 2024The State Bank of Pakistan (SBP) announced the winners of the art competition for the new note series and the competition was dominated by women. According to the results of the competition, five banknotes that stood first were designed by women, while six out of 10 banknote designs that were declared successful were created by […]
Kissan Ittehad calls for ‘agriculture emergency’ amid growing challenges By: APP on September 8, 2024Pakistan Kissan Ittehad Chairman Khalid Khokhar has urged the government to declare an agriculture emergency in the country to address the sector’s mounting challenges and uplift the living standards of the farming community. Speaking at a press conference on Saturday, he highlighted the rising cost of production, low crop prices, and the adverse impacts of […]
ICCI President, Maldivian ambassador discuss bilateral trade opportunities By: APP on September 8, 2024High Commissioner of Maldives to Pakistan Mohamed Thoha on Saturday emphasized the need for direct air links between Maldives and Pakistan to foster brotherly relations and promote bilateral tourism. He made these remarks during a visit to the Islamabad Chamber of Commerce and Industry (ICCI), where he met with President Ahsan Zafar Bakhtawari to explore […]